Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q1 27 | -$2.04 | -$1.21 | +40.7% | — | — | — |
| Q4 26 | -$1.48 | -$1.78 | -20.3% | — | — | — |
| Q3 26 | -$3.49 | -$1.29 | +63.0% | — | — | — |
| Q2 26 | -$2.79 | -$1.87 | +33.0% | — | — | — |
| Q1 26 | -$3.12 | -$2.78 | +10.9% | — | — | — |
| Q4 25 | -$2.82 | -$3.61 | -28.0% | — | — | — |
| Q3 25 | -$2.92 | -$2.25 | +22.9% | — | — | — |
| Q2 25 | -$3.09 | -$2.65 | +14.2% | — | — | — |
| Q1 25 | -$3.01 | -$2.81 | +6.6% | — | — | — |
| Q4 24 | -$3.07 | -$2.76 | +10.1% | — | — | — |
| Q3 24 | -$2.94 | -$3.3 | -12.2% | — | — | — |
| Q2 24 | -$0.2 | -$0.24 | -20.0% | — | — | — |
| Q1 24 | -$0.28 | -$0.27 | +3.6% | — | — | — |
| Q4 23 | -$0.25 | -$0.32 | -28.0% | — | — | — |
| Q3 23 | -$0.45 | -$0.32 | +28.9% | — | — | — |
| Q2 23 | -$0.45 | -$0.31 | +31.1% | — | — | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | -$9.73 | — | — | $55.2M | — |
| FY24 | — | -$8.7 | — | — | $98.4M | — |
| FY23 | — | -$1.45 | — | — | $90.1M | — |
| FY22 | — | -$1.97 | — | — | $92.1M |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $165.4M | $307.7M | $1.2B | $114.6M | $152.9M | $101.9M | $92.1M | $90.1M | $98.4M | $55.2M |
| YoY change | -28.3% | +86% | +287.8% | -90.4% | +33.4% | -33.4% | -9.67% | -2.1% | +9.22% | -43.9% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 165.4M | 307.7M | 1.2B | 114.6M | 152.9M | 101.9M | 92.1M | 90.1M | 98.4M | 55.2M |
| Cost of revenue | 30.2M | 30.5M | 24.4M | 21.4M | 19.5M | 24.9M | 21.6M | 33.8M | 30.7M | 0 |
| Gross profit | 135.2M | 277.2M | 1.2B | 93.2M | 133.4M | 77M | 70.4M | 56.4M | 67.7M | 55.2M |
| Gross margin | 81.7% | 90.1% | 98% | 81.4% | 87.3% | 75.6% | 76.5% | 62.5% | 68.8% | 100% |
| Research & development | 203.8M | 268.5M | 399.5M | 434.6M | 408.7M | 400.3M | 218.3M | 114.2M | 120.9M | 117.3M |
| Selling, general & administrative | 44.3M | 52.4M | 81.4M | 98.7M | 104.7M | 122.8M | 92.3M | 77.4M | 76.8M | 68.7M |
| Operating expenses | 248.1M | 320.8M | 481M | 533.3M | 513.4M | 523.1M | 310.7M | 191.6M | 197.7M | 186M |
| Operating income | -112.9M | -43.7M | 687.9M | -440M | -379.9M | -446.1M | -240.2M | -135.2M | -129.9M | -130.8M |
| Operating margin | -68.2% | -14.2% | 57.6% | -383.9% | -248.5% | -437.8% | -261% | -150% | -132% | -236.8% |
| Non-operating income, net | — | -16M | — | — | -45.2M | -32.6M | -102.6M | -134.7M | 24.3M | -9M |
| Pretax income | -152.6M | -96.1M | 682.7M | -440.1M | -443.9M | -523.3M | -365M | -276.3M | -119.2M | -155.5M |
| Income tax | 876K | 616K | 1.4M | 613K | 493K | 557K | 3.2M | -200K | -239K | -138K |
| Net income | -153.5M | -96.7M | 681.3M | -440.7M | -444.4M | -523.8M | -368.2M | -276.1M | -119M | -164.1M |
| Net margin | -92.8% | -31.4% | 57.1% | -384.5% | -290.6% | -514% | -400% | -306.3% | -120.9% | -297.1% |
| EBITDA | -95.1M | -24.4M | 736.4M | -380.5M | -347.5M | -453.8M | -220.5M | -114.6M | -111.4M | -118.9M |
| EPS | -1.1 | -0.62 | 4.02 | -2.52 | -2.49 | -2.86 | -1.97 | -1.45 | -8.7 | -9.73 |
| Diluted EPS | -1.1 | -0.62 | 3.78 | -2.52 | -2.49 | -2.86 | -1.97 | -1.45 | -8.7 | -9.73 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.1M | 23.9M | 21.6M | 23.5M | 24.1M | 29.2M | 10.5M | 11.2M | 11.8M | 21.8M | 10.9M | 10.1M |
| Cost of revenue | 12.4M | 7.3M | 8.5M | 9.7M | 4.4M | 8M | 0 | 0 | 0 | 0 | — | — |
| Gross profit | 11.7M | 16.6M | 13.1M | 13.7M | 19.7M | 21.2M | 10.5M | 11.2M | 11.8M | 21.8M | — | — |
| Gross margin | 48.5% | 69.5% | 60.6% | 58.5% | 81.6% | 72.7% | 100% | 100% | 100% | 100% | — | — |
| Research & development | 24.1M | 29.9M | 27.4M | 29.7M | 35M | 28.7M | 30.5M | 29.9M | 27.3M | 29.7M | 35.7M | 39.1M |
| Selling, general & administrative | 21.1M | 17.3M | 20.1M | 20.5M | 19M | 17.1M | 24.3M | — | — | — | 13.4M | 12.8M |
| Operating expenses | 45.2M | 47.3M | 47.6M | 50.2M | 54M | 45.9M | 54.8M | 29.9M | 27.3M | 29.7M | 49.1M | 51.9M |
| Operating income | -33.5M | -30.7M | -34.5M | -36.5M | -34.3M | -24.7M | -44.4M | -35.8M | -31.5M | -19.1M | -38.3M | -41.8M |
| Operating margin | -138.8% | -128.4% | -159.2% | -155.3% | -142.2% | -84.6% | -424.1% | -320.2% | -267.4% | -87.5% | -352.3% | -412.2% |
| Non-operating income, net | -11.7M | -9.1M | -1.1M | -13.3M | -166K | 38.9M | 97K | -187K | -261K | -8.6M | -1.1M | -678K |
| Pretax income | -45.9M | -42.1M | -36.8M | -52.3M | -37M | 7M | -46.4M | -39.4M | -35M | -34.7M | -43.1M | -40.3M |
| Income tax | -61K | -29K | -35K | 46K | 9K | -259K | 52K | -188K | -33K | 31K | 64K | 2K |
| Net income | -45.8M | -42.1M | -36.8M | -52.4M | -37.1M | 7.3M | -50.9M | -41.6M | -35.5M | -36.1M | -44.9M | -40.6M |
| Net margin | -189.8% | -176.2% | -170.1% | -222.9% | -153.6% | 24.9% | -486.4% | -372.2% | -301.3% | -165.4% | -413.4% | -401% |
| EBITDA | -26.9M | -30.7M | -28.7M | -31.2M | -30M | -21.5M | -40.8M | -33.3M | -28.6M | -16.2M | -34.2M | -32.4M |
| EPS | -0.24 | -0.22 | -0.19 | -0.25 | -2.7 | 0.45 | -3.6 | -2.95 | -1.87 | -1.78 | -1.82 | -1.23 |
| Diluted EPS | -0.24 | -0.22 | -0.19 | -0.25 | -2.7 | 0.45 | -3.6 | -2.95 | -1.87 | -1.78 | -1.82 | -1.23 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 25.7B | — | 83.6B | 56.7B | 45.5B | 37.1B | 6.3B | 1.6B | — | — | 2.1B |
| Enterprise value | 25.5B | — | 82.5B | 55.8B | 44.6B | 36.6B | 6B | 1.4B | — | — | 1.4B |
| Shares outstanding | 139.6M | 156M | 169.6M | 175M | 178.6M | 183.3M | 187.1M | 190M | 13.7M | 16.9M | 16.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | 122.7 | — | — | — | — | — | — | — | -6.21 |
| P/S | 155.3 | — | 70.1 | 494.4 | 297.8 | 364.5 | 68.9 | 17.7 | — | — | 36.8 |
| P/B | 291.5 | — | 48.7 | 40.3 | 42.3 | 54.7 | 17.3 | 12.2 | — | — | 2.22 |
| EV/EBITDA | -268.6 | — | 112.1 | -146.5 | -128.4 | -80.6 | -27.1 | -12.3 | — | — | -10.8 |
| EV/Sales | 154.4 | — | 69.2 | 486.4 | 291.8 | 358.7 | 64.9 | 15.6 | — | — | 25.6 |
| Earnings yield | — | — | 0.81% | — | — | — | — | — | — | — | -16.1% |
| FCF yield | -0.48% | — | 0.84% | -0.63% | -0.7% | -1.15% | -4.88% | -12.1% | — | — | -6.53% |
| PEG | — | — | — | — | — | — | — | — | — | — | 0.11 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 81.7% | 90.1% | 98% | 81.4% | 87.3% | 75.6% | 76.5% | 62.5% | 68.8% | 100% | 100% |
| Operating margin | -68.2% | -14.2% | 57.6% | -383.9% | -248.5% | -437.8% | -261% | -150% | -132% | -236.8% | -412.2% |
| Net margin | -92.8% | -31.4% | 57.1% | -384.5% | -290.6% | -514% | -400% | -306.3% | -120.9% | -297.1% | -287.8% |
| ROE | -174.2% | -110.1% | 39.7% | -31.4% | -41.3% | -77.1% | -100.4% | -210.8% | -195.9% | -182.6% | -35.8% |
| ROA | -27% | -19% | 31.7% | -22.3% | -28.9% | -46.9% | -51.8% | -69.4% | -39.2% | -58.5% | -12.5% |
| ROIC | 206.7% | -118.3% | 109.1% | -90% | -229.3% | -502.8% | 3.5K% | 246.5% | 141.3% | 186.4% | -43.9% |
| Return on tangible assets | -36.9% | -27.2% | 34.1% | -24.2% | -32.1% | -54.3% | -66% | -69.4% | -39.2% | -58.5% | -14.3% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 5.9 | 5.82 | 17.5 | 4.02 | 9.83 | 9.34 | 8 | 6.45 | 4.26 | 4.97 | 10.4 |
| Quick ratio | 5.74 | 5.63 | 17.4 | 3.98 | 9.7 | 9.15 | 7.72 | 6.14 | 4.26 | 4.97 | 10.4 |
| Debt / equity | 2.8 | 2.79 | 0.14 | 0.29 | 0.14 | 0.21 | 0.36 | 0.9 | 1.69 | 0.95 | 0.15 |
| Debt / assets | 0.43 | 0.48 | 0.11 | 0.21 | 0.1 | 0.13 | 0.19 | 0.3 | 0.34 | 0.31 | 0.07 |
| Net debt / EBITDA | 1.5 | 2.09 | -1.48 | 2.41 | 2.62 | 1.3 | 1.69 | 1.62 | 1.37 | 1.35 | 5.44 |
| Interest coverage | -2.62 | -1.35 | 17 | -8.49 | -11 | -10.1 | -11.6 | -9.9 | -3.24 | -4.94 | -3.94 |
| Effective tax rate | 0% | 0% | 0.21% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 1.19 | 1.97 | 7.04 | 0.65 | 0.86 | 0.56 | 0.49 | 0.47 | 7.18 | 3.27 | 2.25 |
| EPS (basic) | -1.1 | -0.62 | 4.02 | -2.52 | -2.49 | -2.86 | -1.97 | -1.45 | -8.7 | -9.73 | -9.73 |
| EPS (diluted) | -1.1 | -0.62 | 3.78 | -2.52 | -2.49 | -2.86 | -1.97 | -1.45 | -8.7 | -9.73 | -6.12 |
| Book value per share | 0.63 | 0.56 | 10.1 | 8.03 | 6.03 | 3.71 | 1.96 | 0.69 | 4.43 | 5.32 | 26.5 |
| FCF per share | -0.88 | -0.58 | 4.15 | -2.03 | -1.79 | -2.33 | -1.65 | -1.02 | -12.9 | -12.4 | -7.08 |
| Cash per share | 2.79 | 1.9 | 7.87 | 7.57 | 5.95 | 4 | 2.7 | 1.6 | 18.6 | 14.6 | 20 |
| Capex per share | 0.05 | 0.06 | 0.07 | 0.15 | 0.04 | 0.08 | 0.04 | 0 | 0.11 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 3.86% | 3.14% | 0.97% | 22.9% | 4.75% | 14.7% | 8.17% | 0.42% | 1.49% | — | — |
| Capex / operating cash flow | -5.47% | -9.42% | 1.68% | -7.91% | -2.14% | -3.71% | -2.42% | -0.14% | -1% | — | — |
| Payout ratio | — | — | — | — | — | — | — | — | — | — | 0% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 11, 2014 | $0.00 |
| Jun 5, 2014 | $0.00 |
| May 20, 2014 | $0.00 |
| May 16, 2014 | $0.00 |
| Apr 2, 2014 | $0.00 |
| Date | Ratio |
|---|---|
| Jun 9, 2025 | 1:15 |
| Aug 23, 2000 | 2:1 |
| — |
| FY21 | — | -$2.86 | — | — | $101.9M | — |
| FY20 | — | -$2.49 | — | — | $152.9M | — |
| FY19 | — | -$2.52 | — | — | $114.6M | — |
| FY18 | — | $4.02 | — | — | $1.2B | — |
| FY17 | — | -$0.62 | — | — | $307.7M | — |
| FY16 | — | -$1.1 | — | — | $165.4M | — |
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.1M | $23.9M | $21.6M | $23.5M | $24.1M | $29.2M | $10.5M | $11.2M | $11.8M | $21.8M | $10.9M | $10.1M |
| YoY change | +2.2% | +8.45% | +0.21% | +14.6% | -0.08% | +22.1% | -51.7% | -52.4% | -51.1% | -25.3% | +3.83% | -9.34% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 389.1M | 296.1M | 1.3B | 1.3B | 1.1B | 734M | 505M | 303.6M | 255.2M | 245.8M |
| Receivables | 15.7M | 5M | 43.2M | 36.8M | 38.9M | 22.5M | 6M | 1.2M | 0 | — |
| Inventory | 11.1M | 10.7M | 11.4M | 12.7M | 15.3M | 15.8M | 19.2M | 16.1M | 0 | — |
| Total current assets | 426M | 326.8M | 1.4B | 1.4B | 1.1B | 795.6M | 546M | 330.7M | 261.3M | 266.3M |
| Property, plant & equipment | 65.6M | 47.5M | 48.9M | 199.8M | 186.1M | 177.5M | 85.9M | 36.9M | 11.8M | 5M |
| Goodwill & intangibles | 153M | 153M | 153M | 153M | 153M | 153M | 153M | 0 | — | — |
| Total assets | 568.9M | 508.9M | 2.2B | 2B | 1.5B | 1.1B | 710.6M | 398M | 303.9M | 280.4M |
| Accounts payable | 2.8M | 4.8M | 5.9M | 19.2M | 22.1M | 9.7M | 13M | 9.8M | 11.6M | 10.8M |
| Short-term debt | 2.9M | — | — | 265.4M | 13.9M | 17.4M | 18.7M | 19.3M | 19.9M | 20.5M |
| Total current liabilities | 72.2M | 56.2M | 82M | 353.9M | 115.8M | 85.2M | 68.2M | 51.3M | 61.4M | 53.5M |
| Long-term debt | 243.5M | 245.2M | 246.9M | 142.7M | 136.4M | 125.7M | 112.8M | 98.5M | 82.7M | 65.3M |
| Total liabilities | 480.7M | 421M | 432.6M | 572M | 461.5M | 437.7M | 344M | 267M | 243.1M | 190.6M |
| Shareholders' equity | 88.1M | 87.8M | 1.7B | 1.4B | 1.1B | 679.5M | 366.6M | 131M | 60.7M | 89.8M |
| Total debt | 246.4M | 245.2M | 246.9M | 408.1M | 150.3M | 143.2M | 131.5M | 117.8M | 102.6M | 85.8M |
| Net debt | 186.7M | 240.4M | 52M | 311.8M | -48.7M | 118M | 43.3M | 82.5M | 58.3M | 70.6M |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 372.7M | 303.6M | 289.2M | 271.2M | 244.5M | 255.2M | 218.6M | 175.9M | 270.2M | 245.8M | 568.6M | 684.3M |
| Receivables | 2.2M | 1.2M | 3.6M | 1.2M | 0 | 0 | — | — | — | — | — | — |
| Inventory | 15.1M | 16.1M | 16.2M | 14.5M | 0 | 0 | — | — | — | — | — | — |
| Total current assets | 399M | 330.7M | 319.8M | 295.2M | 286.5M | 261.3M | 229.9M | 186.6M | 281.4M | 266.3M | 589M | 739.4M |
| Property, plant & equipment | 38.7M | 36.9M | 34.7M | 24.4M | 12.4M | 11.8M | 11.2M | 10.6M | 10M | 5M | — | 4.3M |
| Goodwill & intangibles | 0 | 0 | — | — | — | — | — | — | — | — | — | — |
| Total assets | 442.2M | 398M | 396M | 343.3M | 308M | 303.9M | 256.2M | 207.5M | 301.3M | 280.4M | 763.3M | 1.1B |
| Accounts payable | 3.3M | 9.8M | 8.8M | 6.5M | 8.6M | 11.6M | 17.8M | 14.3M | 15.6M | 10.8M | 10M | 24.9M |
| Short-term debt | 19.1M | 19.3M | 19.4M | 21.3M | 21.5M | 19.9M | 21.8M | 22M | 22.2M | 20.5M | 22.5M | 22.7M |
| Total current liabilities | 52.1M | 51.3M | 52.4M | 57.3M | 67.6M | 61.4M | 70.9M | 71.4M | 66.3M | 53.5M | 57.7M | 71M |
| Long-term debt | 102.2M | 98.5M | 94.7M | 90.8M | 86.8M | 82.7M | 78.5M | 74.1M | 69.7M | 65.3M | 60.6M | 55.9M |
| Total liabilities | 282.9M | 267M | 269.3M | 263.6M | 259.1M | 243.1M | 242.5M | 231.7M | 216.3M | 190.6M | 187.1M | 192M |
| Shareholders' equity | 159.4M | 131M | 126.7M | 79.7M | 48.9M | 60.7M | 13.7M | -24.2M | 85.1M | 89.8M | 576.2M | 903.1M |
| Total debt | 121.3M | 117.8M | 114.1M | 112.1M | 108.3M | 102.6M | 100.3M | 96.2M | 91.9M | 85.8M | 83.2M | 78.6M |
| Net debt | 56.4M | 82.5M | 65.4M | 84.2M | 78.2M | 58.3M | 61.4M | 53.2M | 50.9M | 70.6M | -66.4M | 39.3M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -153.5M | -96.7M | 681.3M | -440.7M | -444.4M | -523.8M | -368.2M | -276.1M | -119M | -164.1M |
| Depreciation & amortization | 15.4M | 14.7M | 10.9M | 13.2M | 14.2M | 14.1M | 13M | 7.8M | 4.4M | 1M |
| Stock-based compensation | 25.9M | 36.6M | 88.1M | 99.8M | 94.3M | 94.7M | 57.3M | 33.4M | 21.6M | 12.6M |
| Change in working capital | 8M | -44.9M | -67M | 17.9M | 10.8M | -48K | 20.4M | -2.7M | -17M | -31.2M |
| Operating cash flow | -117M | -102.8M | 690.3M | -332.5M | -339.5M | -404.5M | -310.6M | -281.3M | -146.1M | -208.5M |
| Capital expenditure | -6.4M | -9.7M | -11.6M | -26.3M | -7.3M | -15M | 7.5M | 380K | -1.5M | — |
| Investing cash flow | -82.4M | -28.8M | -1.4B | 206.9M | 496.2M | 202.8M | 365.8M | 139.6M | 142.6M | -1M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | -3M | 0 |
| Financing cash flow | 183.3M | -5.1M | 790.2M | 0 | 42.5M | 3M | 750K | — | 12M | 179.7M |
| Net change in cash | -16M | -136.7M | 100.6M | -125.6M | 199.2M | -198.7M | 56M | -141.7M | 8.5M | -29.8M |
| Free cash flow | -123.4M | -90.1M | 704M | -355M | -320.5M | -427.6M | -309.7M | -193.5M | -177.2M | -208.7M |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -45.8M | -42.1M | -36.8M | -52.4M | -37.1M | 7.3M | -50.9M | -41.6M | -35.5M | -36.1M | -44.9M | -40.6M |
| Depreciation & amortization | 1.7M | 1.7M | 1.6M | 1.5M | 993K | 332K | 426K | 214K | 196K | 190K | 151K | 156K |
| Stock-based compensation | 8.1M | 7.3M | 6M | 5.4M | 5.4M | 4.8M | 3.9M | 3.5M | 3.1M | 2.2M | 3.4M | 3.4M |
| Change in working capital | -3.6M | 4.9M | -8.5M | 1.9M | -5.5M | -4.9M | -1.4M | -6.3M | -3.2M | -20.4M | -2.4M | -30.2M |
| Operating cash flow | -51.9M | -37.8M | -50.8M | -50.8M | -45.9M | 1.4M | -54.7M | -45.7M | -48.8M | -65M | -44.3M | -75.8M |
| Capital expenditure | 1.2M | -237K | -157K | -186K | -666K | -459K | -2K | — | — | — | — | — |
| Investing cash flow | 56.4M | 17.4M | 19.3M | 17M | 46.1M | -5.2M | 43.7M | 49.7M | -94.8M | 390K | -350.8M | -399M |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | 0 | — | -3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Financing cash flow | 0 | — | 42M | 0 | 0 | 0 | 0 | 0 | 142.6M | 38.3M | 525.5M | 363.7M |
| Net change in cash | 4.5M | -20.4M | 10.5M | -33.9M | 215K | -3.8M | -11M | 3.9M | -931K | -26.3M | 130.4M | -111.1M |
| Free cash flow | -42.2M | -47.3M | -48M | -37.9M | -44.6M | -46.6M | -49.1M | -45.8M | -48.9M | -65M | -44.3M | -75.9M |